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2-bed · 2,439 sqftPalmera 2, Arabian Ranches · completed 2008

TH146, Palmera 2

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH146 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 2.85M13 July 2022
Current rentAED 120K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH146, Palmera 2

What is TH146 worth today?

Last sold for AED 2,850,000 in 2022

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13 Jul 2022SoldReady
AED 2,850,000AED 1,168 per sqft
15 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 49 per sqft
15 Oct 2020RentedRenewal
AED 120,000/yr9 months · AED 49 per sqft
15 Oct 2019RentedRenewal
AED 143,000/yr12 months · AED 59 per sqft
15 Oct 2018RentedNew contract
AED 145,000/yr12 months · AED 59 per sqft
6 Jul 2014Sold by developerReady
AED 2,700,000AED 1,107 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.85M · July 2022
Community
Palmera 2

About TH146, Palmera 2

TH146 is a two-bedroom villa of 2,439 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 13 July 2022 for AED 2,850,000, or AED 1,168 per sqft, 12% above the AED 1,039 two-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 July 2021, is AED 120,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH146 over time

Sales
Villa TH146, each saleTypical two-bed in Palmera 2
2M2008201320182023Typical sale price by year: 2008 AED 986,888; 2009 AED 1,002,388; 2010 AED 1,007,888; 2011 AED 1,012,888; 2012 AED 1,637,500; 2013 AED 2,032,500; 2014 AED 2,300,000; 2015 AED 2,300,000; 2016 AED 2,200,000; 2017 AED 2,400,000; 2018 AED 2,175,000; 2020 AED 1,615,000; 2021 AED 1,862,500; 2022 AED 2,850,000; 2023 AED 2,675,000; 2024 AED 3,037,500; 2025 AED 3,487,500Sold by developer, July 2014: AED 2,700,000 (AED 1,107 per sqft)Sold, July 2022: AED 2,850,000 (AED 1,168 per sqft)

TH146 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH146, each contractTypical two-bed in Palmera 2
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 132,000; 2014 AED 151,125; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 131,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 132,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 157,500New contract, October 2018: AED 145,000 a yearRenewal, October 2019: AED 143,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, July 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Palmera 2, and where TH146 sits

All 126 2-beds →

TH146 last sold in July 2022 at AED 1,168 per sqft, 12% above what two-beds in Palmera 2 were fetching at the time (AED 1,039). Over the last 12 months two-beds sold for AED 3,900,000, around AED 1,808 per sqft, and rent for AED 135,000 to 280,000 a year. TH146's AED 120,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
18 Dec 20253,900,000
29 Oct 20253,400,000
12 Sep 20254,650,000
11 Aug 20253,550,000
1 2-bed sale in the last 12 months

Palmera 2

Community

190 villas, 1-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,808
Typical sale
AED 3.9M
Typical rent
AED 170K /yr
Typical yield
4.1%
Palmera 2, Arabian Ranches: prices, sales and rents →

TH146, Palmera 2 in numbers

  • Sold twice: first on 6 July 2014 for AED 2,700,000, last on 13 July 2022 for AED 2,850,000 (AED 1,168 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 145,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 7,500 a year (AED 3.08 per sqft).
  • Two-beds in Palmera 2 sold for AED 3,900,000–3,900,000 in the 12 months to November 2026; the community's median across all types is AED 1,808 per sqft.

Source: Dubai Land Department. Updated 13 July 2022.

Questions about TH146, Palmera 2

What did villa TH146 last sell for?

AED 2,850,000 on 13 July 2022: AED 1,168 per sqft for 2,439 sqft. The villa has 2 registered sales; the first was AED 2,700,000 in July 2014.

What is the rent for villa TH146?

AED 120,000 a year on the contract renewed on 15 July 2021. The previous contract, from October 2020, was AED 120,000; the villa has been rented since October 2018.

How big is villa TH146?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH146 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palmera 2 sold for AED 3,900,000 to 3,900,000 in the last 12 months, around AED 1,808 per sqft.

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Mortgage on TH146, Palmera 2

Starts from the last sale price (AED 2.85M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →